GLOBAL MARKETS UPDATE ( 12:52 PM IST ) : FTSE down 7.70 ( 0.12 % ) , DAX down 11.45 ( 0.14 % ) , CAC down 0.60 ( 0.01 % ) , HANG SENG UP 55.42 ( 0.20 % ) , SHANGHAI down 14.89 ( 0.40 % )
The market is witnessing a sticky session. Sensex is trading at 17409, down 81 points and Nifty is at 5176, down 16 points from the previous close. The CNX Midcaps index is down 0.30% and BSE Smallcaps index is down 0. 24%. The market breadth is negative with advances at 478 against declines of 737 on the NSE
Ballarpur Industries has support at Rs 30 and may face resistance at Rs 35, says Hormuz Maloo of Geojit Financial Services, on NDTV Profit. The stock is currently trading at Rs 34, up 2.3% on the BSE
Unity Infraprojects has received two orders aggregating to Rs 222.54 crore. The stock is currently trading at Rs 611.85, up 1.9% on the BSE
If HDIL falls below Rs 745, then it can fall further, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. On the upside, it will face resistance at Rs 900-920, where one should look to book atleast 50% of the profits, he suggests.
Once Reliance Petroleum crosses Rs 200-205, one can expect it to go to its earlier highs, says PK Agarwal of Bonanza Portfolio, on NDTV Profit. It has support at Rs 180, he adds. The stock is currently trading at Rs 200, down 0.4% on the BSE
No comments:
Post a Comment